Fibonacci Retracements Analysis 25.11.2016 (EUR/USD, EUR/GBP)

November 25, 2016 xemarkets 0

Analysis for November 25 th , 2016 EUR USD, “Euro vs US Dollar” The EUR/USD pair is still being corrected. In the nearest future, the market may resume falling to reach its downside targets at 1.0450. If later the price rebounds from this area to the upside, the market may start a more significant ascending correction.

XAU/USD – Gold Dips to 2-Week Lows on Mixed US Data

September 16, 2016 xemarkets 0

Gold has posted slight gains on Thursday, as the metal trades at a spot price of $1316.74 per ounce in the North American session. On the release front, Thursday was a data-heavy session after an uneventful few days. In the US, retail sales came in at -0.3%, weaker than the estimate of -0.1%.

Certain about Uncertainty

September 16, 2016 xemarkets 0

Overnight, US economic data disappointed as retail sales fell for second consecutive month, nudging the December US interest rate hike probability to fall below 50%. The focus now shifts to tonight CPI which could have a significant impact on rate hike expectations, even more so in the wake of the tepid Retails Sales print. A benign inflation print will likely reverse much of the recent yield curve damage and put the USD on the defensive.

U.S Data to Influence Fed Hike Chances

September 16, 2016 xemarkets 0

Five things the markets are talking about Capital markets are unusually keyed into Fed decisions and for as long as they remain so, investors should be expecting pockets of volatility to be somewhat plentiful ahead of next week’s FOMC rate announcement (Sept 20-21). But, that is next week, now, the market has a few other central bank decisions to prepare for and to react to – the BoE and BoJ being the most important. (Note: Overnight, the Swiss National Bank (SNB) delivered what was expected, keeping rates on hold at -0.75% and said it would intervene in currency markets as needed – its the same rhetoric, just a different meeting).

Analysis of Japanese candlesticks for EUR/USD, and USD/JPY on 16.09.2016

September 16, 2016 xemarkets 0

Analysis of Japanese candlesticks on September, 2016 EUR/USD “Euro vs US Dollar” On 4 hours chart for Euro-US Dollar pair, a correction at level of middle Window is going on, bearish Harami and Shooting star candles show the way downwards. Bearish indication still can be seen on 3 lined of breakage chart and Heiken Ashi candles. On 1 hour chart for Euro-US Dollar there is a side trend, candle models are still mixed, bearish Gravestone doji points downwards.

Analysis of Japanese candlesticks for EUR/USD, and USD/JPY on 15.09.2016

September 14, 2016 xemarkets 0

Analysis of Japanese candlesticks on September 15, 2016 EUR/USD “Euro vs US Dollar” On 4 hours chart Euro-US Dollar keeps going with correction on the level of the middle Window, bearish Harami points downwards. On 3 lined of breakage chart and Heiken Ashi candlesticks we see the signs of bearish indication. On 1 hour chart for Euro-US Dollar pair we see further side correction, candles models are still mixed, bearish Tweezer Top and Harami show the way downwards.

Top Trade Idea For September 2nd, 2016 EUR/GBP

September 2, 2016 xemarkets 0

Reversing Brexit Sentiment The conventional wisdom when the British voted to leave the European Union was that the UK economy would suffer much more than the continent. Naturally, this saw the EUR make strong gains against GBP.

WTI/USD – US Crude Drops to 3-Week Lows, US Payrolls Report Next

September 2, 2016 xemarkets 0

US crude has posted sharp losses for a second straight day. In Thursday’s North American session, WTI/USD futures are trading at $43.41 per barrel. Brent crude futures are trading at $45.67, as the Brent crude premium stands at $2.26. On the release front, unemployment claims came in at 263 thousand, within expectations

XAU/USD – Gold Steady as US Jobless Claims Within Expectations

September 2, 2016 xemarkets 0

Gold has posted small gains on Thursday, as the metal trades at $1313.32 in the North American session. On the release front, unemployment claims came in at 263 thousand, within expectations. However, the US ISM Manufacturing PMI posted a weak reading of 49.4 points, short of the estimate

The Day of Reckoning

September 2, 2016 xemarkets 0

The key European and US equity benchmarks have closed flat overnight as Traders take to the sidelines ahead of tonight’s Non-Farm Payroll. The DAX had traded up 1% in early European time, spurred on by a much better-than-expected China manufacturing PMI report and the tail wind from the active UK PMI, only to reverse gains on a destitute US manufacturing ISM. The 3.2 point decline in the manufacturing ISM to 49.4 – the lowest reading since January – was a huge downside miss.